Copper remains bullish after reaching support
The daily chart on Copper shows a strong support around the $2.50 level which lies near the 61.8% Fib level.
The price has recently formed a falling channel, with a broke above signaling a potential continuation of the underlying uptrend. The RSI is in a bullish divergence mode.
The price has recently formed a falling channel, with a broke above signaling a potential continuation of the underlying uptrend. The RSI is in a bullish divergence mode.
